Accession Number:

AD0712286

Title:

PRODUCTIVITY, GROWTH, AND PUBLIC POLICY

Descriptive Note:

Corporate Author:

RAND CORP SANTA MONICA CA

Personal Author(s):

Report Date:

1970-08-01

Pagination or Media Count:

7.0

Abstract:

The document discusses a controversy now underway among economists and others concerned with understanding and analyzing economic growth. The controversy concerns the extent to which increases in total factor productivity are due to improvements in the quality of inputs in capital and labor, but are not fully reflected in the units used to measure these inputs.

Subject Categories:

  • Economics and Cost Analysis

Distribution Statement:

APPROVED FOR PUBLIC RELEASE